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20130219
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KGO (ABC) 1
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ABC
Feb 17, 2013 8:00am PST
at the sequester over ten years, we're talking about 1.2 trillion out of $47 trillion in projected government spending. is it really impossible to find less than 3% of savings in a federal budget without making those kind of horrible cuts? >> you know what, it's not impossible, and that's exactly what the president has done over the last year, $2.5 trillion in deficit reduction. he's ready to do another trillion and a half to get up to the $4 trillion target that economists across the country tell us is needed to stabilize the debt over the next ten years. so that's exactly what the president has done working with democrats and republicans. >> but you're going to hold on tax increases -- >> we're going to insist on doing it -- >> which means tax increases. >> insist on doing it in a balanced way, a way that allows us to maintain the kind of investments that middle class families in this country rely on, jon. we were just talking about our families, our kids. you know what, we're not going to put at risk the education investments in this country because we can't get together to resolve this in
Search Results 0 to 1 of about 2 (some duplicates have been removed)